** European auto and parts manufacturers' stocks fall after Porsche P911_p.DE, Porsche Holding PSHG_p.DE and Volkswagen VOWG_p.DE cut their outlook on Friday, with Porsche pushing back the launch of some electric models

** The European car sector has been under the increasing pressure of the rising EV demand, Ipek Ozkardeskaya, senior analyst at Swissquote Bank says, pointing also to the impact of the trade war and tariffs

** "The European car manufacturers need synergies in order to control costs and continue to function," she adds

** The European auto and parts manufacturers' index .SXAP shares fall 2.34%, the worst performing subindex of the STOXX 600 .STOXX family

** German peers BMW BMWG.DE shares fall 2.7%, while Mercedes-Benz MBGn.DE stock falls 3.04% and Continental CONG.DE is down 1.21%

** Milan-listed shares of Stellantis STLAM.MI fall 2.7%, Renault's RENA.PA stock edges down 0.4%

** Swedish-listed Volvo Cars' VOLCARb.ST stock falls 2.9%

($1 = 0.8511 euros)

(Reporting by Tristan Veyet)

((Tristan.chabba@thomsonreuters.com))